# EIA Short-Term Energy Outlook - Fuels Market News

> The EIA's October Short-Term Energy Outlook forecasts higher US household heating expenditures this winter, with natural gas up 5% and home heating oil up 20%. It expects end-October natural gas inventories at their lowest for that time of year since 2005. Brent averaged $79/b in September and is forecast at $74/b for 2018.

- Date: 2018-10-16 · published 2018-10-16T12:00:00.000Z
- Category: report · region US · magnitude medium
- Page: https://feedsoft.ai/events/62749-eia-short-term-energy-outlook-fuels-market-news
- Commodities: [Natural Gas](https://feedsoft.ai/c/NATGAS.md), [Crude Oil (WTI)](https://feedsoft.ai/c/WTI.md)

## Why it matters

The EIA projection of low gas inventories supports a firmer natural gas price outlook into winter. Energy cost forecasts also feed into diesel and transport costs for feed delivery.

## Read by commodity

- WTI: neutral
- NATGAS: bullish ▲

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| NATGAS | 2022-11-09 | [EIA: U.S. Winter Natural Gas to Average Above $6.00/MMBtu - Fuels Market News](https://feedsoft.ai/events/38862-eia-u-s-winter-natural-gas-to-average-above-6-00-mmbtu-fuels-market-news.md) | +20.4% | +2.3% |
| NATGAS | 2024-04-29 | [LNG short-term outlook: April 2024 Report \| Wood Mackenzie](https://feedsoft.ai/events/9868-lng-short-term-outlook-april-2024-report-wood-mackenzie.md) | +25.8% | +57.3% |
| NATGAS | 2021-10-21 | [Commodity Markets Outlook October 2021](https://feedsoft.ai/events/11753-commodity-markets-outlook-october-2021.md) | +20.7% | -4.0% |
| NATGAS | 2019-02-06 | [Signposts for the gas outlook - IEA](https://feedsoft.ai/events/60784-signposts-for-the-gas-outlook-iea.md) | +3.8% | +15.6% |
| NATGAS | 2024-11-25 | [Global natural gas market may experience a tighter supply-demand balance this winter -
		U.S. Energy Information Administration (EIA)](https://feedsoft.ai/events/27591-global-natural-gas-market-may-experience-a-tighter-supply-demand-balance-this.md) | +14.0% | +18.4% |
| WTI | 2018-09-12 | [EIA Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/63219-eia-short-term-energy-outlook-fuels-market-news.md) | +0.8% | +8.2% |
| WTI | 2018-04-12 | [EIA: Short-Term Energy Outlook - Fuels Market News](https://feedsoft.ai/events/65697-eia-short-term-energy-outlook-fuels-market-news.md) | +2.4% | +6.5% |
| WTI | 2017-10-12 | [EIA: October Short-Term Energy Outlook - Mansfield Energy](https://feedsoft.ai/events/68646-eia-october-short-term-energy-outlook-mansfield-energy.md) | +1.5% | +10.8% |

## Sources

- fuelsmarketnews.com: https://fuelsmarketnews.com/eia-short-term-energy-outlook-17/

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.